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$ 1,490,000
Est. payment /mo
New
Address not disclosed Confidential, IL 99999
85,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 85,000 sqft
Price per Sqft $17
MLS Listing ID 12353974
Tax Year 2024
Lot Dimensions 150 X 368.9
Property Sub-Type Bus / Bus w/Real Est
Property Description
Profitable Independent Market with Exciting Growth Potential in the West Suburbs of Chicago This well-established, highly profitable independent market has been a beloved shopping and entertainment destination for the entire family since 2003, making it a trusted fixture in the community for over 22 years. The Market consists of multiple merchants operating under a single roof, offering a diverse range of goods categorized into distinct classifications. Each merchant pays rent to the management company on a regular schedule Located in the west suburbs of Chicago, the business attracts a diverse merchant base, with approximately 50 of patrons being long-term renters who have maintained their leases for ten years or more, reflecting strong customer loyalty and stability. The business model is unique and has been carefully developed over the years, with the groundwork completed and operations streamlined for success. There is tremendous opportunity for expansion and additional revenue streams, making this an ideal acquisition for an energetic, growth-oriented buyer. In addition to the core market, two complementary companies are available under separate packages to further diversify income sources: A fully operational bar with a liquor license and banquet room, perfect for hosting events and increasing revenue. A collection of retail stores that operate within the same market environment, offering additional sales channels. All furniture, fixtures, and equipment are included in the asking price, providing a turnkey opportunity for the new owner. The ability to energize the venue, attract foot traffic, and create an engaging shopping and entertainment experience is crucial for business growth. The current owners are absentee and enjoy a six-figure annual income and are now seeking to retire, presenting an extraordinary opportunity for the right individual or team to take this established business to new heights. This is an exceptional chance to acquire a thriving, reputable business with a proven track record and significant growth potential. Don't miss out on this rare opportunity to own a cornerstone of the community and expand upon its success.
Location
State IL
County Dupage
Area Confidential Commercial Listings
Interior
Cooling Central Air, Zoned
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
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Listed by Valdy Biernacki of Realty Executives New Image
